To be honest, nowadays memes are everywhere. It's actually not as good as the ICO days in 2017. Back then, when you invested money, at least you knew who the founder was, knew what the project was about, and someone was responsible for the project. Although you often lost money, at least the losses were clear.

Now, a few KOLs team up with exchanges to release worthless memes, then shout buy signals together, rally the community to pump the price, and finally all harvest retail investors. It's all insider trading. This is crazier than casinos—Las Vegas and Macau are not this reckless.

Unless you participate in this game, you can only follow the law of the dark forest; being harvested is highly likely. So it's better to just play the lottery, use small funds for big positions, and reduce the number of trades.